Insider Selling: Fundamental Global Inc. (NASDAQ:FGF) Director Sells 550 Shares of Stock

Fundamental Global Inc. (NASDAQ:FGF) Director Scott D. Wollney sold 550 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $30.32, for a total transaction of $16,676.00. Following the completion of the transaction, the director now owns 3,840 shares of the company’s stock, valued at approximately $116,428.80. The trade was a 12.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fundamental Global Stock Performance

Shares of FGF opened at $33.99 on Friday. Fundamental Global Inc. has a 12 month low of $14.21 and a 12 month high of $40.75. The business’s fifty day simple moving average is $24.76 and its two-hundred day simple moving average is $25.51. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The company has a market cap of $42.83 million, a price-to-earnings ratio of 25.95 and a beta of 0.55.

Fundamental Global Company Profile

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. The company was formerly known as Ballantyne Strong, Inc and changed its name to FG Group Holdings Inc in December 2022.